https://www.credit-suisse.com/media/ass ... k-2014.pdf has charts back to 1900 for many few countries, including Germany. You'll see that German stocks did have large losses, but German stocks recovered eventually. Meanwhile German cash and bonds did far worse. I'm not sure how feasible it would have been for German investors to avoid problems with foreign assets, but in any scenario close to "the end of the world" I would consider non-financial problems more pressing than financial ones.You got any charts showing what happened in Germany from, say, 1920 to date? Or, more specifically, from 1920 to 1950?
sure it does. you don't think people thought it was the end of the world during the cuban missile crisis, 9-11, global financial crisis and so on?
Or any other country where, for many, living through certain time periods really was “the end of the world” for them?
I have my doubts that “staying the course” worked all that well for them.
Statistics: Posted by patrick — Sun Feb 02, 2025 10:41 pm — Replies 36 — Views 1709